Early-Bird Analyst Upgrades & Downgrades (DKS, IDXX, MA, WIT, ACS, ADP, CHT, FMCN, NT, PTI, TSS)
August 19, 2008 6:32 am
These are some of the upgrades and downgrades we are seeing from Wall Street this Tuesday morning:
- Dick’s Sporting Goods (DKS) Raised to Outperform at Baird.
- IDEXX Laboratories (IDXX) Started as Buy at Piper Jaffray.
- Mastercard (MA) Raised to Buy at Goldman Sachs.
- Wipro (WIT) Raised to Neutral at Goldman Sachs.
- Affiliated Computer Services (ACS) Cut to Neutral at Goldman Sachs.
- Automatic Data Processing (ADP) Cut to Neutral at Goldman Sachs.
- Chunghwa Telecom Co. Ltd. (CHT) Cut to Neutral at Goldman Sachs.
- Focus Media (FMCN) kept as Buy but Target cut to $59 from $80 at Citigroup.
- Nortel (NT) Started as Sector Perform at CIBC.
- Patni Computer Systems (PTI) Cut to Sell at Goldman Sachs.
- Total System Services (TSS) Cut to Sell at Goldman Sachs.
Jon C. Ogg
August 19, 2008